Offshore Engineer Industry News News - page 4

 

DNV GL Secures 3-Year Contract with Total in UK North Sea

Feb 22, 2021

Classification society and quality assurance firm DNV GL has been awarded a three-year contract with Total in the UK to provide various services across the company's UK North Sea assets.DNV GL will provide core services such as verification…

Vattenfall Awards Van Oord a 4-Year Offshore Wind Contract

Feb 22, 2021

Offshore wind developer Vattenfall has awarded the Dutch-based offshore installation contractor Van Oord a 4-year operations & maintenance (O&M) contract.Working through its MPI Offshore organization, Van Oord will provide jack-up and associated…

U.S. Designates Already Sanctioned Russian Ship as Helping to Build Nord Stream 2 Pipeline

Feb 22, 2021

The Biden administration on Friday identified a Russian ship and a company it believes are helping to build the Nord Stream 2 pipeline, but the entities had already been sanctioned by the Trump administration and the project's opponents in Congress said the move would do little to halt work on it…

Siemens Gamesa Confirms Courseulles-sur-Mer Wind Turbine Supply Deal

Feb 22, 2021

Offshore wind turbine maker Siemens Gamesa Renewable Energy has confirmed it has been awarded the firm order from the EDF Renewables-Enbridge-wpd consortium for the 448 MW Courseulles-sur-Mer offshore wind power project in France.The confirmation…

Equinor, Partners to Shut Down Veslefrikk Field for Good in 2022

Feb 22, 2021

Norway's Equinor said Monday it has, with its partners, decided to shut down the Veslefrikk field in the Norwegian part of the North Sea in the spring of 2022.'After more than 30 years on stream and over 400 million barrels of oil equivalent…

Galp Sees Q4 Profit Drop 98%, Slashes Dividend

Feb 22, 2021

Portugal's oil and gas company Galp Energia cut its dividend payout by half on Monday after posting a 98% plunge in fourth-quarter net profit as the coronavirus pandemic hammered refining margins and output fell.The company said it would propose a dividend of 0…

Portugal's EDP Launches Green Hydrogen Unit

Feb 22, 2021

Portugal's main utility EDP announced on Friday it was setting up a new business unit to develop green hydrogen projects, primarily in Europe and the United States.So-called green hydrogen, produced using renewable electricity, is seen as a…

Israel to Link Leviathan Offshore Gas Field to Egypt's LNG Plants

Feb 22, 2021

Israel and Egypt have agreed to build a pipeline to connect Israel's offshore Leviathan natural gas field to liquefied natural gas (LNG) terminals in northern Egypt, the Israeli minister said on Sunday.The Palestinians also said they had signed an agreement with Egypt's energy minister…

Aker BP Taps Shearwater for Ivar Aasen Field 4D Survey

Feb 22, 2021

Marine seismic survey company  Shearwater GeoServices has won a contract with the Norwegian oil company Aker BP for an ocean bottom seismic (OBS) 4D survey. The project is at the Ivar Aasen field in the Norwegian part of the North Sea.The survey…

CNOOC Makes Large Oil and Gas Find in Bohai Bay

Feb 22, 2021

Chinese national oil company CNOOC said Sunday it had made a large oil and gas discovery Bozhong 13-2 in Bohai Bay.CNOOC said that the Bozhong 13-2 structure was located in the south-western Ring of Bozhong Sag in the Bohai Bay with an average water depth of about 23…

Russia Working on Oil Industry Support after Tax Increases

Feb 19, 2021

Russian Deputy Prime Minister Alexander Novak said on Friday the government has been working on some support measures for the oil producing industry, including changes in taxation, following last year's decision to hike taxes.The government…

Not an Aspiration, But a Target: Eni Says Will Become Carbon Neutral by 2050

Feb 19, 2021

Italian energy group Eni on Friday raised its ambition to cut greenhouse gas emissions, vowing to become net carbon neutral by 2050, as it seeks to keep up pace in an industry under pressure from investors to go green.Like its peers, Eni is…

Siem Offshore's Siem Barracuda Nets 100-Day Offshore Wind Deal in Asia

Feb 19, 2021

Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East. Siem Offshore said that the project will utilize the offshore construction vessel 'Siem Barracuda'…

Eni Posts Annual Loss, 4Q Result Beats Expectations

Feb 19, 2021

Italian energy group Eni beat expectations by swinging into a profit in the fourth quarter thanks to firmer oil prices, after posting a loss for the full-year 2020 when demand plunged because of the coronavirus crisis.Eni said it recorded an adjusted net profit in the fourth quarter of 0…

Malaysia's Petronas to Offer 13 Offshore Blocks in Feb. 26 Bid Round

Feb 19, 2021

Malaysian national oil and gas company Petronas will be offering 13 offshore exploration blocks in Malaysia at the upcoming Malaysia bid round 2021 launch on February 26, 2021. Also included, Petronas said, are six discovered fields to incentivize…

Current News

Shell Accelerating Renewables Push in Germany

Shell Accelerating Renewables Push in Germany

Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'

Denmark Might Not Reach Its 2030 Emissions Reduction Goal as It 'Relies on Unproven Tech'

Borr Drilling Expects Demand for Modern Jack-Up Rigs to Grow

Borr Drilling Expects Demand for Modern Jack-Up Rigs to Grow

Eni Officially Enters Giant Offshore Wind Project in UK

Eni Officially Enters Giant Offshore Wind Project in UK

Subscribe for OE Digital E‑News

Offshore Engineer Magazine